|New quarrel over 'Old Hospital' site - Horace Chang blocks park development
A near two-decade old quarrel between Montego Bay and central government over seafront property on Gloucester Avenue resurfaced this week after signals from Kingston raised new concerns that the property was back on the drawing board for commercial development.
Finance Ministry reverses decision on T-bill auction
The Finance Ministry has reversed an earlier decision not to hold its monthly auction of a six-month Treasury Bill, after appeals from brokers to reconsider. The auction will proceed on Wednesday, February 27 ...
Mortgaged condos need 'double insurance'
Question: My strata complex is not insured. Several owners say the peril insurance in their mortgages protects them. I disagree. Insurance for a detached single- family dwelling covers the replacement value of the property. Strata property insurance covers the mortgage balance... Can you confirm whether I am correct?
Saving to buy a home
QUESTION: Ms Davis recently returned to live in Jamaica from the United Kingdom. She says she is now ready to plan for the future and is keen to purchase a house within the next year, start a clothing business, start her real estate portfolio, and start investing in the money market in local and foreign currencies.
Lambie developing villas in Port Antonio - Reach Haven a $300m project
LeRoy Lambie, chairman of LeRoy Lambie and Associates, is developing 19 executive villas in Port Antonio, Portland, a project valued at $300 million, he said. The development, Reach Haven Resort, is 10 minutes from Reach Falls.
Is the EPA good or bad for small companies?
For much of the last week, I have been speaking to smaller Caribbean companies about the Economic Partnership Agreement (EPA) with Europe. What they told me was far removed from the often personal and acrimonious public debate that is taking place between those who informed or approved the strategic direction of the negotiating process.